Employee Experience Platform Bigyellowfish Raises Seed Funding
Bigyellowfish, an employee experience platform, has raised $1.1 million as part of its seed funding round led by Powerhouse Ventures, with participation from Anicut Capital and Innoport.
As per the startup, the freshly raised capital will be used for ramping up sales & marketing globally, scaling up software and platform capabilities, and Research & Development.
Bigyellowfish | Employee Experience Platform
Founded by Soma Sundar Gollakota and Kunal Pancholi in 2019, Bigyellowfish is an employee experience (EX) platform at the intersection of psychology, business, and technology. It has built a digital mobile suite of solutions to help strengthen decisions, behaviours & overall situational responsiveness.
The employee experience platform, with its data and analytics dashboards, provides company admin (HR, Business Heads) predictive signalling and usage patterns that are valuable in decisions related to the human element at work. Its modules use gamification and nudge engines to help employees improve their well-being, collaborative work, and microlearning.
Speaking about the development, Soma Sundar Gollakota, Co-founder of Bigyellowfish Technologies, said,
“We are excited to have our investors onboard, believing in our vision and supporting us in this journey as we take the next leap towards growth.”
As per Kunal Pancholi, Co-founder of Bigyellowfish, the startup is happy that clients have recognized the uniqueness and effectiveness of their platform to add value to their safety & behavioral risk management goals.
Currently servicing clients across Europe, the UK, and Singapore, Bigyellowfish claims to have grown 4x since 2020. It plans to increase its revenues from safety-intensive industries like aviation, maritime, oil & gas, manufacturing, and logistics and expand its operations across the US and the Middle East in the coming years.
Commenting on the development, Kshitij Golwalkar, General Partner, Powerhouse Ventures, said,
“We are delighted to back Soma and Kunal as they continue to help global companies digitize their employee engagement and deliver measurable business results that impact their safety, employee engagement, and development & retention goals. Bigyellowfish’s experience in working with some of the largest companies in the Shipping & Maritime sectors positions them well to enter other safety-critical industries where the need for superior employee experience solutions is immense.”
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